Over the last 2 weeks there was this redistribution model forming, where i yesterday found an entry. The Initial distribution i was looking for in may never hit it's target, so i might be able to ride this trade all the way down. The time displacement on the last tap wasn't the best, so there might be another move into the POI's, where i then have to reenter. It would suck a little bit though, atm it's an 39 R/R.
Note
The local distribution at 3339$ was intended so sweep liquidity and then reverse price, which was expected but not like this. It can still play out but i would want to see a new range to validate an reentry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.